The market's recent 3-phase correction wave has caused the market to lose a relatively large capitalization volume. And complete my Cup and handle model. Currently, capitalization is about to make a big step into the market. Be ready
The crypto market has run up rapidly in the last couple of months. Charts suggest that the rally is yet to be completed.
The total crypto market dipped by just 20% since mid-march. Briefly slipped below the 21 SMA and has retained the 10 and 21 SMA. The volume Weighed Avg Price has been acting as support which is also a good sign.
The big red candles are...
The arrows mark a fractal. What if? Then this could very well be a big move as a follow up. Will it?
I am repeatedly thinking that this could well be the 16/17 follow up to the 12/13 period.
Hope you made good of the shared longs on Doge, pepe and the crypto market in general.
Crypto Marketcap wicked the key level of 2.161T today.
This was the weekly key level pre SBF intervention.
From this level, the weekly levels are both 30% away on both sides.
This is the time to watch and take positions along the direction the price action moves.
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Market capitalization is expected to reach 2 billion dollars once the official altcoin season is confirmed, followed by a subsequent overall market decline. I believe BTC will experience a downward correction from this price.
- The market is back above 1.5t$
- The structure looks solid and the range has been broken too
- I think we can surely see more infusion in the market very soon.
- BTC and all other alts can easily double triple or quadruple your whole Portfolio
TOTAL Mcap has never closed below 3d line break in a while.
Facing a narrative of ETF approval and 5% remaining gap can be eaten up.
Prepare for a 15 to 20% drawdown following, the time to acquire Longs.
Because within 2024Q1, it is all set to surpass 2T, or 40% up from current levels.
The dump following the ETF news is a golden opportunity. Don't miss it!
Total1 has moved up 42% in this rally with a volume spike at the top.
It makes sense to retreat here, and at the worst case get a bid at the previous weekly demand levels of 1.14.
The Binance news that broke yesterday might have layers and take the price to the bid level.
If a reversal happens at around that price, that is a point to put on significant leverage...
TOTAL have chance to take retracement becoz of Double top and RSI DIVERGENCE, Next support levels are 1.2T , 980B , 874B and 725B. Another chance to make triple top also if interest rates go lesser.
#Bitcoin #nft #bnb #eth #btc #BSC #Binance #trading #altcoins #cryptocurrency #crypto
TOTAL CRYPTO MARKET IS MOVING BELOW 1T , Next support is 850 billion and if fails another major support is 750B. Then we can see great move along with halving.
#Bitcoin #nft #bnb #eth #btc #BSC #Binance #trading #altcoins #cryptocurrency #crypto
So the total market cap is at crucial resistance
A good bullish move is expected after flipping the zone
This chart will decide the next direction of crypto market .
Its a bullish sign of total market cap of crypto currency
Price is popping out of falling wedge and we can see a fake breakdown in weekly time frame
So it’s absolutely bullish sign
yet to make a decisive move either upside or downside. lets wait for the BO or BD and a retesting to add positions by then will be out of any trade
NFA
